Hollis, AK Economy


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Hollis, AK is a small town located in the Southeast region of Alaska. It has a close-knit community with only 154 residents as of 2019. Despite its size, Hollis is home to several local businesses such as Hollis Cafe and Bar, Hollis Mart & Grocery Store, and HOLLIS Bike Shop. In terms of housing prices, the average 2 bedroom rent is $1,160 per month which is lower than the US average of $1,430. The grocery cost index in Hollis is also more affordable compared to other places in the US at 151 versus 100.

Hollis has an unemployment rate of 8.8%. The US average is 6.0%.

Hollis has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Hollis
- The Sales Tax Rate for Hollis is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Hollis is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hollis
- The average income of a Hollis resident is $24,381 a year. The US average is $37,638 a year.
- The Median household income of a Hollis resident is $52,450 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHollis, AlaskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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